Franklin Templeton Limited Duration Income Trust Reports Asset Allocation


SAN MATEO, CA--(Marketwire - Sep 1, 2011) - Franklin Templeton Limited Duration Income Trust (NYSE Amex: FTF), a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE Amex closing price as of July 31, 2011.

Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE: BEN), a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $747 billion in assets under management as of July 31, 2011. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at JULY 31, 2011
MARKET VALUE PERCENTAGE
SECTOR ALLOCATION (Millions) OF FUND (1)
High Yield Corporate Bonds & Preferred 184.9 33.4%
Floating Rate Loans 194.1 35.0%
Mortgage-Backed Securities 121.5 21.9%
Other Asset-Backed Securities (2) 28.5 5.1%
International Government Bonds (US$ and non-US$) 9.9 1.8%
Common Stock and Warrants 0.1 0.0%
Cash & Other Net Assets (3) 15.0 2.7%
Total Assets (4) $554.0 100.0%
MARKET VALUE PERCENTAGE
TOP 10 INDUSTRIES (5) (Millions) OF FUND (1)
Healthcare Services 39.0 7.0%
Energy 31.8 5.7%
Consumer Products 24.6 4.4%
Info/Technology 23.9 4.3%
Financial Services 22.3 4.0%
Automotive 20.8 3.8%
Gaming/Leisure 20.8 3.7%
Media 19.5 3.5%
Retail 19.2 3.5%
Chemicals 18.8 3.4%
Total (4) $240.7 43.4%
MARKET VALUE PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER (Millions) OF FUND (1)
Fannie Mae 73.4 13.3%
Freddie Mac 46.5 8.4%
Harrahs Operating Escrow 7.2 1.3%
Reynolds Group 6.6 1.2%
Intelsat Jackson Holding LT 6.5 1.2%
Visant Corp. 6.0 1.1%
Bank of America Corp. 5.9 1.1%
Wachovia Bank Commercial 5.2 0.9%
Calpine Corp. 4.9 0.9%
SunGard Data Systems Inc. 4.8 0.9%
Total (4) $167.0 30.2%
Number of positions 400
NAV per share $ 13.96
Market price per share $ 14.09
Number of shares outstanding 26,773,772
Total net assets $ 373,890,883
Weighted average duration (including leverage) (6) 3 years
Fund leverage percentage (7) 33%
(1) Percentage of total investments of the Fund. Total investments of the Fund include long-term and short-term investments and other net assets. Does not include last day portfolio and shareholder trades.
(2) May include collateralized loan obligations ("CLOs").
(3) Includes currency forward contracts and investments in the LCDX index.
(4) Total figures may not represent exact sum of items as a result of rounding.
(5) Top 10 industries for corporate bonds and floating rate loans.
(6) Duration calculated using internal methodologies. Rounded to the nearest year.
(7) Preferred shares issued by the Fund and mortgage dollar rolls used for leverage divided by total assets of the Fund.

Contact Information:

Contact:
Franklin Templeton Investments
Shareholders/Financial Advisors: (800) 342-5236